Just when we thought they couldn’t get much lower, mortgage rates dropped again to reach new record lows. As mortgages become even more affordable, hopes are placed for further recovery in the reciprocal cycles of the housing market and economy. Thirty-year fixed mortgages are…
Getting a mortgage can be challenging since the real estate market turned upside down. For those individuals who do not shy away from a challenge, the interest rates and affordability of homes has never been better. Qualifying for financing is a challenge, but definitely…
Buying a home is the largest purchase that many of us will ever make. The loan that you get to make this purchase will be with you for a long time, so mortgage mistakes can be costly. Not taking the time to research what…
Short sales and foreclosure can be fantastic deals, if you can ever get them to the closing table. Since the onset of the housing crisis, purchasing bank-owned homes have been a notoriously lengthy process, which has contributed to the continuing increases in inventory. There…
Interest rates are so low and homes are so affordable right now, that many people are rushing to buy a home before interest rates start to rise. Although it is a great time to buy, and there are some low down payment mortgage loan…
If you are considering buying a home, then you are are almost certainly going to want to find financing for your purchase. In fact, a smart home-buyer will have done their financing research before they start looking for the home of their dreams. Showing…
Although the New York economy is experiencing its problems with high unemployment numbers and a tough credit market, the Manhattan housing market is seeing great improvements. Low interest rates and affordability have fueled prices and sales increases all over the Big Apple. Now is…
The depressed prices in the real estate market are not only creating a great opportunity for American home buyers, but foreign buyers are flooding the United States real estate market like never before. The reduced value of the dollar has opened up the real…
Home buyers… receive the gift! Right now we’re looking at historically low interest rates, the most affordable home prices in years, what looks fast approaching bottom of the real estate market in general, improved buyer confidence, an $8000 first time buyer tax credit, and…
Things that are rising… The National Association of Realtors says February existing home sales rose 5.1% over January (The largest sales jump since July 2003) February’s median home sale price rose a bit from January (which showed the lowest median price since September 2002)…
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